In 2024, it is expected that about 1.1 million ounces of platinum will be recycled from the automotive sector worldwide. In comparison, 41,000 ounces of platinum is expected to be recycled from the electronics industry, and 223,000 ounces of platinum is expected to be recycled from jewelry in that same year.
Recycled platinum worldwide from 2010 to 2023 with a forecast for 2024, by former use
(in 1,000 ounces)
Characteristic
Automotive
Jewelry
Electrical and electronics
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*Forecast as of May 2023.
Recycling figures represent estimates of the quantity of metal recovered from open loop recycling from the jewelry, automotive, and electronics sectors (i.e. where the original purchaser does not retain control of the metal throughout). For instance, automotive recycling represents the weight of metal recovered from end of life vehicles and aftermarket scrap in an individual region, allocated to where the car is scrapped rather than where the metal is finally recovered. These figures do not include warranty or production scrap. Where no recycling figures are given, open loop recycling is negligible.
This statistic was assembled using several editions of the report.
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Johnson Matthey. (May 7, 2024). Recycled platinum worldwide from 2010 to 2023 with a forecast for 2024, by former use (in 1,000 ounces) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/593072/platinum-recycled-worldwide-by-former-use/
Johnson Matthey. "Recycled platinum worldwide from 2010 to 2023 with a forecast for 2024, by former use (in 1,000 ounces)." Chart. May 7, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/593072/platinum-recycled-worldwide-by-former-use/
Johnson Matthey. (2024). Recycled platinum worldwide from 2010 to 2023 with a forecast for 2024, by former use (in 1,000 ounces). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/593072/platinum-recycled-worldwide-by-former-use/
Johnson Matthey. "Recycled Platinum Worldwide from 2010 to 2023 with a Forecast for 2024, by Former Use (in 1,000 Ounces)." Statista, Statista Inc., 7 May 2024, https://www.statista.com/statistics/593072/platinum-recycled-worldwide-by-former-use/
Johnson Matthey, Recycled platinum worldwide from 2010 to 2023 with a forecast for 2024, by former use (in 1,000 ounces) Statista, https://www.statista.com/statistics/593072/platinum-recycled-worldwide-by-former-use/ (last visited August 24, 2024)
Recycled platinum worldwide from 2010 to 2023 with a forecast for 2024, by former use (in 1,000 ounces) [Graph], Johnson Matthey, May 7, 2024. [Online]. Available: https://www.statista.com/statistics/593072/platinum-recycled-worldwide-by-former-use/
